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A navel piercing (also referred to as a belly button piercing or an umbilical dip piercing) is a type of piercing located in, or around, the navel. It may heal quickly and with no problems, like an ear piercing, or may heal more like a surface piercing with the associated extended healing time.
Your belly button is a point on your belly wall where the scar of where once your umbilical chord was located. The area around it is like the rest of your belly, made up of skin, subcutaneous fat, your abdominal muscles, a bit more fat, and inner lining and then you have your abdominal cavity where your guts (viscera) are.